%CV Formula:
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The coefficient of variation (%CV) is a standardized measure of dispersion of a probability distribution. It shows the extent of variability in relation to the mean of the population.
The calculator uses the %CV formula:
Where:
Explanation: The %CV expresses the standard deviation as a percentage of the average, allowing comparison between datasets with different units or means.
Details: %CV is widely used in analytical chemistry, quality control, and laboratory medicine to assess precision and reproducibility of measurements.
Tips: Enter standard deviation and average values in the same units. The average must be greater than zero.
Q1: What is a good %CV value?
A: In analytical chemistry, %CV < 5% is generally considered excellent, while < 10% is acceptable for many applications.
Q2: How is %CV different from standard deviation?
A: While SD measures absolute variability, %CV measures relative variability, making it useful for comparing datasets with different means.
Q3: When should I use %CV instead of SD?
A: Use %CV when you need to compare variability across datasets with different means or units of measurement.
Q4: Can %CV be negative?
A: No, %CV is always non-negative since both SD and average are non-negative values (with average > 0).
Q5: What are limitations of %CV?
A: %CV becomes less meaningful when the mean is close to zero, and it shouldn't be used for interval scale data with a true zero point.